Call reports 2008
FINANCIAL SECURITY BANK — 2008
What FINANCIAL SECURITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 26,756,000 | 26,645,000 | 27,733,000 | 29,615,000 |
| Total loans | 19,789,000 | 19,556,000 | 19,995,000 | 21,454,000 |
| Allowance for loan losses | 245,000 | 276,000 | 246,000 | 251,000 |
| Securities available for sale | 4,186,000 | 4,442,000 | 5,637,000 | 5,621,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,461,000 | 21,477,000 | 22,565,000 | 23,630,000 |
| Interest-bearing deposits | 17,869,000 | 17,381,000 | 18,341,000 | 19,164,000 |
| Noninterest-bearing deposits | 3,592,000 | 4,096,000 | 4,224,000 | 4,466,000 |
| Equity capital | 4,992,000 | 4,894,000 | 4,924,000 | 4,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 434,000 | 859,000 | 1,269,000 | 1,709,000 |
| Interest expense | 141,000 | 270,000 | 390,000 | 506,000 |
| Net interest income | 293,000 | 589,000 | 879,000 | 1,203,000 |
| Noninterest income | 40,000 | 78,000 | 127,000 | 224,000 |
| Noninterest expense | 370,000 | 712,000 | 1,039,000 | 1,490,000 |
| Provision for loan losses | 15,000 | 30,000 | 52,000 | 57,000 |
| Pretax income | -52,000 | -75,000 | -85,000 | -120,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -52,000 | -75,000 | -85,000 | -120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,947,000 | 4,923,000 | 4,913,000 | 4,699,000 |
| Total capital | 5,192,000 | 5,199,000 | 5,159,000 | 4,950,000 |
| Risk-weighted assets | 22,487,000 | 22,552,000 | 23,087,000 | 24,353,000 |